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Ecobat Exits European Lead Market; Germany, Austria Asset Divestiture Completed

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-- Battery recycler Ecobat has exited the European lead market following the completion of the sale of its battery recycling and specialty lead operations in Germany and Austria to energy storage solutions company Clarios, the company said Monday.

The latest transaction, which includes the company's facilities in Freiberg and Braubach in Germany, as well as the Arnoldstein operation in Austria, followed previous divestitures in France, Italy, and the United Kingdom.

Ecobat said it is now "positioned as a focused North American platform" following the sale of its European assets.

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